14 May 2019
Employee Director appointments
Capita has today appointed two employees as non-executive
directors, becoming the first FTSE 250 company since the late 1980s
to appoint workers to its board.
Lyndsay Browne and Joseph Murphy will join the board as employee
directors with effect from 1 July
2019, with an initial appointment period of three and two
years, respectively.
Lyndsay is a chartered accountant and has been at Capita since
2003. She is currently a finance manager in Insurance Services,
where she is responsible for four separate contracts and works
closely with the operations directors.
Joseph is a chartered civil engineer and joined the company in
2015. He is a project manager in Real Estate and Infrastructure
where he carries out technical due diligence and advises on
infrastructure projects.
In their new non-executive roles, they will provide an
employee’s perspective and expertise, and input into strategic
decision-making with the same level of authority as other
directors.
Lyndsay and Joseph will both continue in their current
day-to-day roles, with time allowances made for them to be able to
fulfil their employee director responsibilities.
They will receive the same remuneration as other non-executive
directors, and provided with a full programme of training to equip
them for their new roles.
Their appointment follows an extensive recruitment process
across Capita’s staff of more than 63,000. All employees with two
years’ continuous service were eligible for the roles – and almost
400 people applied.
The Capita board currently comprises eight directors – the
chairman, chief executive officer, chief financial officer and five
independent non-executive directors.
Sir Ian Powell, chairman of
Capita, said:
“I am delighted to welcome Lyndsay and Joseph to the board and
proud that Capita is the first FTSE 250 company in many years to
make such appointments.
“We are determined that the employee’s perspective and increased
diversity of thought are represented at board level.
“Lyndsay and Joseph bring very different skills, experience and
insights. I have no doubt they will prove strong members of the
board.”
.
ENDS
Media enquiries:
Capita Press Office
020 7654 2399
media@capita.co.uk
Powerscourt
020 7250 1446
capita@powerscourt-group.com
Notes:
In accordance with the UK Listing Rules, the Company confirms
that there are no further details that are required to be disclosed
under paragraph LR9.6.13(1) – (6) of the UK Listing Rules in
respect of Lyndsay Browne and
Joseph Murphy.
Capita is a leading provider of technology-enabled
business services, operating across five key markets: Software;
People Solutions; Customer Management; IT & Networks; and
Government Services. Working across the UK, Europe, India
and South Africa, we use our
expertise, talent and technology to partner with our clients to
transform services and add value for all their stakeholders. Capita
is quoted on the London Stock Exchange (CPI.L). Further information
on Capita can be found at: http://www.capita.com